News Page 22 / 1261
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- April 19 2026
India approves marine insurance pool with US$1.4bn sovereign backing
Bharat Maritime Insurance Pool will provide H&M, cargo, P&I, and war-risk cover for Indian-flagged or controlled vessels and voyages to or from India.
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- April 19 2026
IRDAI retains 4% obligatory cession for FY27 renewals
Cession to state-owned GIC Re will apply to policies attaching in the current financial year, which ends on March 31, 2027.
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- April 18 2026
Full Capacity: Cyber threats zero in on Asia Pacific
This week's newsletter discusses Mark O'Brien's new role at XS Global, Sompo's Australia expansion, India and South Korea's response to Iran conflict, data centres and Taiping's regional strategy.
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- April 17 2026
XS Global, Sompo, Swiss Re, Marsh, Berkley Re: 14 APAC insurance people moves of the week
Rare Earth Insurance, Aon, Specialist Risk Group, Zurich, Coface, Starr, Tokio Marine Management Australasia, Community Broker Network and Agile Insurance Group also made personnel changes over the last week.
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- April 17 2026
Agile promotes Mark Hunt to group CUO in underwriting leadership shake-up
David Hughes succeeds Hunt as active underwriter for Syndicate 2427, while Mike Dalton takes on an additional role as head of underwriting for Australia.
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- April 17 2026
Chubb eyes Indian return as 100% FDI reshapes market access: report
American insurer has been absent from India since 2007, when it exited its local joint venture with HDFC.
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- April 17 2026
Gallagher Re’s Mark O’Brien joins MGA XS Global Asia Pacific
O'Brien, who had stepped down as APAC head of the reinsurance broker earlier this year, will write treaty reinsurance.
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- April 17 2026
Scope of war risk cover must be considered as claims expand beyond high-risk zones: London P&I Club
Senior underwriter Ben McKeith says not enough owners are considering long-term war risk cover plans as part of their management strategy, as claims have increased in non-high risk zones, such as the Mediterranean and Black Sea.
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- April 17 2026
APAC Q1 cat losses stay muted at US$2bn, Australia events dominate: Aon
Global economic losses from natural disasters in Q1 reached US$37bn, well below the US$64bn average this century.
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- April 17 2026
IAG’s RACI acquisition moves to phase two ACCC investigation
Australian Competition and Consumer Commission (ACCC) says acquisition could 'substantially lessen' competition within Western Australia’s home and motor insurance market.
